General News
Over Two Thousand Key Stakeholders Converged to Promote the Nigerian Leather Sector @ Lagos Leather Fair

To further drive growth within the Nigerian leather sector whilst also educating and creating maximum visibility for leading leather players across Africa, key stakeholders spread across Sub-Saharan Africa gathered at the just concluded Lagos Leather Fair (LLF) 5 to discuss the road map to the future of the leather industry.
The 2-day event which sought to reiterate the potential economic impact of the leather sector on the Nigerian economy had in attendance over 2000 key stakeholders including the Minister of Industry, Trade and Investment, Mr. Adeniyi Adebayo, Ex-Governor of Cross River State, Donald Duke, and members from several Federal Ministries, Bank of Industry, Trade bodies, financial institutions, Leather designers, players in the leather ecosystem as well as local and international investors.
Speaking at the fair, the Convener of the Lagos Leather Fair, Femi Olayebi, expressed her delight about the large gathering and the quality of conversations had at the fair.
She said; ”It has been a delight for us to once again hold a physical edition of Lagos Leather Fair, and we are extremely pleased with the success recorded. The crowds poured in across the two-day event in droves, and it is a testament to the value that the finished leather goods sector for the wider industry if properly harnessed.
“For five years now, we have constantly provided a platform for leather and lifestyle enthusiasts and industry players to come together, to enhance visibility for the industry, whilst also championing conversations on how to move the industry forward.
“And this year, despite the impact of the pandemic, we have seen that industry players have continues to hone their craftsmanship, their skills, and their innovation, in order to drive the shift that we need to make the industry’s potential a reality.
“We are glad to have created this platform to showcase some of the country’s wins and economic prosperity. Some exhibitors who have been with us from the very first edition have now metamorphosed into international phenomenons, driving a positive Made-in-Nigeria narrative on the global stage.”
Speaking further, she also said “As we round up year five with much excitement and optimism, the work continues — we are determined to continue to seek out ways to pull all the necessary thought leaders, policymakers and key players together to keep changing the narrative and advancing the necessary conversations.”.
Also speaking at the event, the Minister of Industry, Trade and Investment, Mr. Adeniyi Adebayo said “We are proud of the good works of Lagos Leather Fair over the past 5 years, they have created a solid platform where everyone within the leather ecosystem can meet up and hold conversations on how to move the industry forward.
“The result of this has become very visible with the growing attention gained by the industry and increased collaboration amongst players. For us as a ministry, we will continuously drive support till the potential of the leather industry is fully harnessed in Nigeria.”
The fair also featured masterclass conversations that addressed the challenges of cross-border payments for SMEs, the role of the AFCFTA in aiding intra-African, and ways to enhance growth for businesses within the leather industry. Speakers were drawn from all sectors of the economy across finance, policy, manufacturing, and consultancy.
With the massive potential hidden within the hide and skin manufacturing sector and its impact on Nigeria’s economy, the Lagos Leather Fair has continued to lead the conversation aimed at changing the narrative within the industry across Nigeria and Africa at large.
General News
NIMC Warns against Using Unauthorised Websites for NIN Changes

National Identity Management Commission (NIMC) has warned Nigerians against modifying their National Identification Number (NIN) data on unauthorised websites.
Dr Kayode Adegoke, head of Corporate Communications, NIMC, issued the warning in a statement released on Monday.
Adegoke stated that modifications to NIN data could only be carried out on the official NIMC self-service portal.
He therefore cautioned that attempting to modify NIN data on unauthorised websites could compromise personal information and expose individuals to identity theft.
According to him, using the official NIMC self-service portal ensures that data remains secure and protected.
“By using the self-service portal, individuals can also enjoy the convenience of updating their information from anywhere, at any time.
“NIMC therefore advises Nigerians to use only the official portal for all NIN modification needs and to avoid unauthorised websites to prevent any potential risks,” he said.
General News
FG Partners China to Crack Down on Chinese Nationals in Financial Crimes

Nigeria and China said this week they will cooperate in efforts to crack down on the increasing number of Chinese nationals taking part in financial crimes in the African country.
The joint effort comes after Yu Dunhai, Chinese Ambassador visited Economic and Financial Crimes Commission (EFCC), Nigeria’s anti-graft agency, in Abuja.
In a statement posted to the EFCC website, Dunhai expressed regret over the rising trend of Chinese nationals engaged in financial crimes in Nigeria.
He assured Nigerian authorities that the Chinese government is ready to send delegates to work with local law enforcement agencies to address the issue.
At the same time, Dunhai urged authorities to protect the rights of Chinese citizens while investigations are conducted.
Since November, Nigerian authorities have arrested at least 400 Chinese nationals suspected of cybercrime, telecom fraud and illegal mining. Many of them are facing trial.
But Nigerian political analyst Chukwudi Odoeme warned that China’s influence over the process could undermine the rule of law.
“The collaboration looks good, but then the relationship between Nigeria and China is something that is suspicious in this particular arrangement,” Odoeme said. “The collaboration may be defeated in the sense that China will have undue influence, and it may even lead to political release of those persons instead of subjecting them through the criminal trial system in Nigeria.”
In the first quarter of last year, Chinese companies provided 23% of Nigeria’s total imports.
Critics argue that Chinese nationals are exploiting trade routes and immigration loopholes to enter Nigeria illegally and engage in criminal activities.
Authorities say many of the arrested Chinese nationals were found to be living in Nigeria without proper documentation.
Public affairs analyst Jaye Gaskia raised concerns about the transparency of the collaboration.
“On what basis are you going into this collaboration? For what purpose?” he asked. “The conversations around trying to develop such collaborative strategies also need to be transparent, so that citizens will be able to interrogate the process to see whether national interest is going to be somehow undermined.
“We have to be careful, and we have to ensure who does the prosecution,” Gaskia said.
“The best-case scenario is for the country not to cede its own sovereignty in terms of how this is going to happen.”
Nigeria’s debt to China exceeds $5 billion — more than the bilateral loans owed to all other countries combined.
Meanwhile, Nigeria is seeking China’s backing to join the grouping of the world’s 20 largest economies, the G20, and secure a permanent seat on the United Nations Security Council.
But political analyst Rotimi Olawale believes the debt should not influence how Nigeria handles criminal cases.
“I don’t think that the debt we owe China, $5 billion, will affect anything,” Olawale said.
“That’s government-to-government relations. The most important thing is that the case should not be politicized. We must clearly define our rules and uphold our laws.”
Previously, Nigeria’s parliament called for the mass deportation of illegal Chinese migrants.
VOA
General News
QNET’s Push for Women’s Financial Inclusion Gains Traction Amid Global Gender Gap Concerns

As gender disparities in financial access persist, QNET, a global wellness and lifestyle direct-selling firm, is intensifying efforts to bridge the gap through entrepreneurship. In line with International Women’s Day 2025, QNET is aligning with this year’s theme, “Accelerate Action,” advocating direct selling as a viable economic lever for women’s financial independence.
Recent findings from the United Nations Development Program (UNDP) 2024 report highlight the severity of financial exclusion among women. Despite making up nearly half of the global population, 40% of women worldwide remain unbanked—with a 20% lower likelihood than men to hold bank accounts and 17% less access to formal credit lines. This exclusion, affecting 1.1 billion women, is not just a socio-economic challenge but a barrier to sustainable growth.
For companies like QNET, the case for intervention is compelling. Direct selling—often dismissed in traditional financial inclusion discourse—presents an alternative pathway for women to generate income, build financial resilience, and scale entrepreneurial ventures. Through its platform, QNET provides structured mentorship, training, and business resources designed to help women establish independent enterprises.
Biram Fall, Regional General Manager, QNET Sub-Saharan Africa, said, “As part of the United Nation’s Social Development Goals, achieving gender equality to empower all women and girls is a fundamental human right and a necessary foundation for a peaceful, prosperous and sustainable world.
“At QNET, we are committed to accelerating their success by equipping them with business skills, mentorship, and financial opportunities. By offering a flexible and low-barrier platform, we aim to enable women to become entrepreneurs and contribute meaningfully to their families and communities.”
QNET’s commitment to women’s empowerment is evident through various initiatives, such as its signature financial literacy program, FinGreen, which was launched in Nigeria in 2022 to develop healthy financial habits through education and training in the most vulnerable communities, particularly for youth, women and those stepping into entrepreneurship in emerging economies. The programme is important in achieving the UN SDGs and establishing a stable and healthy economy in developing nations.
Akeem Ajisafe, Managing Director of Transblue Nigeria Limited, QNET’s local partner in Nigeria, speaking on the special observance, said, “At QNET, we believe that true empowerment comes from providing women with the right opportunities to succeed. Through our various initiatives, we hope to highlight our commitment to equipping women with the skills and resources they need to achieve economic independence and long-term success – addressing gender disparity in Nigeria and across Africa.”
With a strong focus on financial inclusion and skills development, QNET continues to support women in building sustainable businesses, fostering independence, and driving economic growth. As the world pushes for gender equality, QNET remains steadfast in its commitment to accelerating action and creating a more inclusive future where women thrive as leaders, innovators, and entrepreneurs.
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